Retirement plan

FOURSQUARE LABS INC. 401(K) PLAN

Name: FOURSQUARE LABS INC. - FOURSQUARE LABS INC. 401(K) PLAN (2019) Form 5500
Creator: FOURSQUARE LABS INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FOURSQUARE LABS INC. 401(K) PLAN, FOURSQUARE LABS INC.

FOURSQUARE LABS INC.EIN 27-1463153Plan #001PY 2019

50 WEST 23RD STREET, FLOOR 8 - NEW YORK, NY 10010646-738-8691

Prospect flagsLow employer contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$15.4M

+49.0% from 2018

Total participants

475

+15.0% from 2018

Average account balance

$34,568

+26.6% from 2018

Annual return

36.25%

+39.80 pp from 2018

Benchmarks

See 531 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants250-999

Cohort531 peers

Snapshot2019

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$38.62M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$62K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

624

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

94.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.43M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$25K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+16.14%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$22

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 2 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.3 years Service code 15 · EIN 23-1945930	Recordkeeping	$7,106
CREATIVE RETIREMENT SYSTEMS, INC.1 year Filed as: CREATIVE RETIREMENT SYSTEMS Service code 14 · EIN 31-1299207	Plan Administrator	$5,240

Plan features & details

Pension benefit codes2F2G2J2S2T3D

Plan features

2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$7K

$25 / participant

Other / not subdivided$7K100.0%

% of EOY assets

0.048%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: EISNERAMPER LLP
Auditor EIN: 131639826
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,568

$69,231-50.1%

$91,994-62.4%

$67,579-48.8%

Participation rate

90.2%

78.9%+11.3pp

78.6%+11.5pp

71.3%+18.9pp

Annual return

36.25%

32.03%+4.2pp

69.03%-32.8pp

378.56%-342.3pp

Employer contribution / active EE

$17

$2,284-99.3%

$3,452-99.5%

$2,148-99.2%

Participant deferral / active EE

$11,126

$5,854+90.1%

$5,923+87.8%

$3,539+214.4%

Admin fee / account holder

$17

$107-84.5%

$7,743-99.8%

$142-88.3%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.3 years

Service code 15 · EIN 23-1945930

Recordkeeping

$7,106

CREATIVE RETIREMENT SYSTEMS, INC.1 year

Filed as: CREATIVE RETIREMENT SYSTEMS

Service code 14 · EIN 31-1299207

Plan Administrator

$5,240

FOURSQUARE LABS INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FOURSQUARE LABS INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion